Volkswagen AG (Volkswagen AG) Tax Rate % : 7.90% (As of Dec. 2023)

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What is Volkswagen AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Volkswagen AG's Tax Expense for the three months ended in Dec. 2023 was $473 Mil. Volkswagen AG's Pre-Tax Income for the three months ended in Dec. 2023 was $5,991 Mil. Therefore, Volkswagen AG's Tax Rate % for the quarter that ended in Dec. 2023 was 7.90%.

Volkswagen AG Tax Rate % Historical Data

The historical data trend for Volkswagen AG's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Volkswagen AG Tax Rate % Chart

Volkswagen AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.57

24.37

23.34

28.17

22.70

Volkswagen AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															39.66	26.70	30.39	25.08	7.90

Volkswagen AG Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Volkswagen AG's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	5742.639	/	25293.348
	=	22.70 %

Volkswagen AG's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	473.282	/	5991.276
	=	7.90 %

Volkswagen AG Tax Rate % Related Terms

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Volkswagen AG (Volkswagen AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volkswagen AG (OTCPK:VWAPY) » Definitions » Tax Rate %

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Address

Berliner Ring 2, Wolfsburg, NI, DEU, 38440

Website

https://www.volkswagenag.com

Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.